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415 E Northside Drive, Clinton, MS 39056 (MLS# 4046198)

415 E Northside Drive, Clinton, MS 39056

$850,000
Property Type: Commercial Sale Square Footage: 3,200 Lot Size (sq. ft.): 18,295 Status: Closed
Current Price: $899,000 List Date: 5/01/2023 Last Modified: 11/20/2024

Overview

Description

This gas station property is for sale only , not the business and inventory. the tennant has a very thriving business and has 4 more years of lease left of the total lease without any option to renew the lease. The new buyer has the opportunity to enjoy the cash flow for 4 years and then they can occupy and run the business as well after that. This gas station is in a very safe location and is surrounded by hundreds of apartments all around as well lot of single family homes and businesses and the offices.There is enough room in the back to expend the building for additional improvements.The property is sitting on two parcels

Listing Details MLS# 4046198

General Property Information

Approx Lot Size Acres
0.42
Approx H/C SqFt
3200
SqFt Source
Public Records
List Price/SqFt
280.94
Number of Lots
2
Divisible
No
Year Built
1979
Year Built Source
Public Records
Total Floors
Yes
Bathrooms Half
Yes
Fireplace
No
Pool
No
School District
Clinton Public Dist
Accessibility Features
No
Property Sub Type
Retail
New Construction
No
Property Condition
Updated/Remodeled

Property Features

Business Type: Convenience Store; Gas Station; Grocery

Address and Location Information

Street Number
415
Street Direction
E
Street Name
Northside
Street Suffix
Drive
County
Hinds
State
MS
Zip Code
39056
Nearest Cross Street
cynthia drive
Parcel Number
2862-0111-367
Directions to Property
From I-20 W take the exit for springridge road and go right and at the light of northside drive take another right and the property is at the corner of cynthia and northside drive
Community Of
N/A

Listing Information

Property Sub Type
Retail
Listing Service
Full Service
Never Occupied
No

Tax and Financial Information

Tax Annual Amount
4179
Tax Year
2021
Zoning
C1
Flood Insurance Required?
No
Leasehold Y/N
No
16th Section
No
Sold In Previous 12 Months
No
Association
No
Legal Description
BEG 179.6 FT W S/L NORTHSIDE DR & N/L CYNTHIA RD N 56.7 FT NWLY 167.40 FT SLY 107.5 FT ELY 157 FT TO POB IN SEC 20 T6 R1W CITY OF CLINTON

Status Change Info

Contract Date/Pending Date
2023-05-11
Closing Date
2023-07-26
Sold Price/SqFt
265.63

More Information

Auction

Auction
No

Showing Requirements

Showing
Show Any Time

Basement Features

Basement
No

Remarks & Miscellaneous

Public Remarks
This gas station property is for sale only , not the business and inventory. the tennant has a very thriving business and has 4 more years of lease left of the total lease without any option to renew the lease. The new buyer has the opportunity to enjoy the cash flow for 4 years and then they can occupy and run the business as well after that. This gas station is in a very safe location and is surrounded by hundreds of apartments all around as well lot of single family homes and businesses and the offices.There is enough room in the back to expend the building for additional improvements.The property is sitting on two parcels

Business Type

Convenience Store
Yes
Gas Station
Yes
Grocery
Yes
Listing Office: Keller Williams
Listing Agent: Prakash Agrawal
Last Updated: November - 20 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.